Earnings Outlook For Steelcase
Portfolio Pulse from Benzinga Insights
Steelcase (NYSE:SCS) is anticipated to report quarterly earnings on Wednesday, 2024-03-20, with an expected EPS of $0.21. Analysts and investors are keen on not just the earnings beat but also the company's guidance for future growth. Steelcase's past earnings performance shows a consistent trend of beating EPS estimates, leading to significant share price increases the following day. With shares up 78.41% over the last 52 weeks, long-term shareholders are optimistic about the upcoming earnings report.
March 19, 2024 | 2:01 pm
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Steelcase is expected to report an EPS of $0.21 in its upcoming quarterly earnings, with a history of beating estimates and positively impacting its stock price.
Steelcase has consistently beaten EPS estimates in past quarters, leading to significant next-day share price increases. With a 78.41% increase in share price over the last 52 weeks, the upcoming earnings report is highly anticipated by investors. The company's guidance for future growth will be particularly scrutinized, as it can have a substantial impact on investor sentiment and stock performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100